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~institution:"International Monetary Fund (IMF)"
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1
Inflation Reports and Models: How Well Do Central Banks Really Write?
Bulir, Ales
;
Hurník, Jaromír
;
Smidkova, Katerina
-
International Monetary Fund (IMF)
-
2014
We offer a novel methodology for assessing the quality of inflation reports. In contrast to the existing literature, which mostly evaluates the formal quality of these reports, we evaluate their economic content by comparing inflation factors reported by the central banks with ex-post...
Persistent link: https://www.econbiz.de/10011142061
Saved in:
2
Measuring
Disinflation
Credibility in Emerging Markets; A Bayesian Approach with An Application to Turkey
Rebucci, Alessandro
;
Rossi, Marco
-
International Monetary Fund (IMF)
-
2004
This paper presents an empirical measure of
disinflation
credibility and discusses its evolution in Turkey since the …
disinflation
in Turkey. …
Persistent link: https://www.econbiz.de/10005825671
Saved in:
3
Sticky Inflation and the Real Effects of Exchange Rate Based Stabilization
Celasun, Oya
-
International Monetary Fund (IMF)
-
2003
Exchange rate-based inflation stabilization (ERBS) policies are associated with a boom-recession cycle in economic activity and sustained real exchange rate appreciation. A class of models in the literature has explained these empirical regularities with the lack of credibility of the...
Persistent link: https://www.econbiz.de/10005825871
Saved in:
4
Costa Rica; 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for C...
International Monetary Fund (IMF)
;
International …
-
2008
The Costa Rican economy has grown at rapid rates in the last three years, underpinned by a robust world expansion, sound economic policies, and strong business and consumer confidence. Economic policies have been well oriented. The fiscal position has substantially improved. The exchange rate...
Persistent link: https://www.econbiz.de/10011242798
Saved in:
5
Ghana; Selected Issues
International Monetary Fund (IMF)
;
International …
-
2008
challenges in its conduct of
disinflation
policy. Ghana has historically experienced volatile and often high inflation rates. The …
Persistent link: https://www.econbiz.de/10011243488
Saved in:
6
Republic of Moldova; 2007 Article IV Consultation and Third Review Under the Three: Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Staff Supplement...
International Monetary Fund (IMF)
;
International …
-
2008
Moldova showed improved growth prospects and decline in poverty despite a series of consecutive shocks under the economic program. Executive Directors commended the balanced macroeconomic policies and urged to maintain macroeconomic stability. They also appreciated the strong monetary policy by...
Persistent link: https://www.econbiz.de/10011243637
Saved in:
7
Islamic Republic of Iran: 2014 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for the Islamic Republic of Iran
International Monetary Fund (IMF)
;
International …
-
2014
This staff report for the 2014 Article IV Consultation on the Islamic Republic of Iran focuses on economic developments and policies. The IMF report had achieved considerable progress in raising per capita income and living standards. Large shocks and weak macroeconomic management have had a...
Persistent link: https://www.econbiz.de/10011245474
Saved in:
8
Still Minding the Gap; Inflation Dynamics During Episodes of Persistent Large Output Gaps
Meier, André
-
International Monetary Fund (IMF)
-
2010
below potential for an extended period. We find that such episodes generally brought about significant
disinflation
… about the same fraction of the initial inflation rate across episodes. That said,
disinflation
has tended to taper off at …
Persistent link: https://www.econbiz.de/10008646423
Saved in:
9
Dedollarization
Kokenyne, Annamaria
;
Ley, Jeremy
;
Veyrune, Romain
-
International Monetary Fund (IMF)
-
2010
Exchange Restrictions. The main conclusion is that durable dedollarization depends on a credible
disinflation
plan and specific …
Persistent link: https://www.econbiz.de/10008646427
Saved in:
10
Inflation Targeting Under Imperfect Policy Credibility
International Monetary Fund (IMF)
;
International …
-
2009
This paper presents a model for Inflation Targeting under imperfect policy credibility. It modifies the conventional model in three ways: an endogenous policy credibility process, by which monetary policy can gain or lose credibility over time; non-linearities in the inflation equation and in the...
Persistent link: https://www.econbiz.de/10004999964
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